Nanosight Angel Investor Round

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PostPosted: Mon Jul 14, 2008 10:14 am    Post subject: Nanosight Angel Investor Round Reply with quote

4 September 2007 Nanosight

Nanosight Angel Investor Round

NanoSight Limited, the nanoparticle characterisation company, announces the completion of an angel investor round that increases its shareholder base and complements previous investments by Venture Capital companies, including NESTA, Strathdon and South West Ventures. The angel investment came from members of the SWAIN and OEI Investment Networks.

John Knowles, Chairman of NanoSight, comments, “The investment round was oversubscribed, which is very encouraging for the company, and brings on board a group of investors with experience in growing high technology companies. We aim to use the funds to support the growth of our worldwide distributor network and to increase the functionality of the NANOSIGHT LM20 and LM10 systems.

“We are working with our customers in a number of exciting areas of nanoparticle research. It is vital that we support our users in their applications as they discover the potential of our unique technology and our ability to respond rapidly with major software and hardware enhancements.”

The NANOSIGHT LM10 and LM20 systems deliver higher resolution particle size distribution profiles than other more time-consuming and expensive methods with minimal sample pre-treatment and only dilution with a suitable solvent to an acceptable concentration range. The NTA software package measures the speed and thus hydrodynamic size of individual particles in suspension and avoids the complex correlation mathematics required in assessing the intensity signal inherent in light scattering techniques. The software enables real-time dynamic nano-particle visualisation from which independent quantitative estimation of particle size and size distribution can be immediately obtained.

“Both systems and the associated software have been developed with our customers to support their growing research needs across the chemical and biotechnology industries,” says Jeremy Warren, CEO of NanoSight. “For example, the LM20 system enables non-microscope users to quickly and accurately analyse nanoparticles in suspension and serves as an important complement to light scattering techniques, such as Dynamic Light Scattering (DLS).”

About NanoSight:

NanoSight Ltd, of Salisbury, UK, is the world leading provider of instruments for the optical detection and real time analysis of sub-micron particles. The Company supplies unique instruments for nanoparticle analysis in the sub-1 micron region that offer significant advantages compared to existing light scattering techniques. The company currently has over 60 systems in service worldwide having started sales in earnest in 2006.

The Company’s proprietary knowledge and expertise has enabled the delivery of technologies to blue chip companies and universities for direct visualisation of individual nanoscale particles in suspension from which independent quantitative estimation of particle size, size distribution and concentration can be immediately obtained. The Company has recently launched additions to its advanced Nanoparticle Tracking Analysis (NTA) software that build on the ground-breaking work of NanoSight’s LM20 and LM10 systems.

The NANOSIGHT LM10 is one of several metrology solutions currently under serious scrutiny with the National Physical Laboratory as a potential next-generation characterisation standard. The Company has a growing base of users worldwide, including BASF, ICI, BP, Unilever and Roche.

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